Sandhar Technologies Limited, together with its subsidiaries, designs, manufactures, assembles, and sells automotive components in India and Europe.
Excellent balance sheet second-rate dividend payer.
Share Price & News
How has Sandhar Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 541163's share price has been volatile over the past 3 months.
7 Day Return
IN Auto Components
1 Year Return
IN Auto Components
Return vs Industry: 541163 underperformed the Indian Auto Components industry which returned -0% over the past year.
Return vs Market: 541163 underperformed the Indian Market which returned 2.5% over the past year.
Price Volatility Vs. Market
How volatile is Sandhar Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Sandhar Technologies undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 541163 (₹208.45) is trading above our estimate of fair value (₹88.77)
Significantly Below Fair Value: 541163 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 541163 is poor value based on its PE Ratio (22x) compared to the IN Auto Components industry average (20.9x).
PE vs Market: 541163 is poor value based on its PE Ratio (22x) compared to the Indian market (13.8x).
Price to Earnings Growth Ratio
PEG Ratio: 541163 is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: 541163 is overvalued based on its PB Ratio (1.7x) compared to the IN Auto Components industry average (1.1x).
How is Sandhar Technologies forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 541163's forecast earnings growth (18.7% per year) is above the savings rate (7.2%).
Earnings vs Market: 541163's earnings (18.7% per year) are forecast to grow slower than the Indian market (23.4% per year).
High Growth Earnings: 541163's earnings are forecast to grow, but not significantly.
Revenue vs Market: 541163's revenue (6.9% per year) is forecast to grow slower than the Indian market (10.1% per year).
High Growth Revenue: 541163's revenue (6.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 541163's Return on Equity is forecast to be low in 3 years time (9.2%).
How has Sandhar Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 541163 has high quality earnings.
Growing Profit Margin: 541163's current net profit margins (2.9%) are lower than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: 541163's earnings have grown by 14.9% per year over the past 5 years.
Accelerating Growth: 541163's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 541163 had negative earnings growth (-40.2%) over the past year, making it difficult to compare to the Auto Components industry average (-44.1%).
Return on Equity
High ROE: 541163's Return on Equity (7.4%) is considered low.
How is Sandhar Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: 541163's short term assets (₹4.4B) do not cover its short term liabilities (₹5.0B).
Long Term Liabilities: 541163's short term assets (₹4.4B) exceed its long term liabilities (₹1.0B).
Debt to Equity History and Analysis
Debt Level: 541163's debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: 541163's debt to equity ratio has reduced from 139.7% to 25.5% over the past 5 years.
Debt Coverage: 541163's debt is well covered by operating cash flow (122.6%).
Interest Coverage: 541163's interest payments on its debt are well covered by EBIT (4.8x coverage).
What is Sandhar Technologies's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 541163's dividend (0.72%) is higher than the bottom 25% of dividend payers in the Indian market (0.63%).
High Dividend: 541163's dividend (0.72%) is low compared to the top 25% of dividend payers in the Indian market (2.63%).
Stability and Growth of Payments
Stable Dividend: 541163 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 541163 has only been paying a dividend for 2 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (21.1%), 541163's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 541163's dividends in 3 years are forecast to be well covered by earnings (20.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Jayant Davar (59 yo)
Mr. Jayant Davar founded Sandhar Technologies Limited in 1985 and serves as its Co-Chairman and Managing Director. Mr. Davar serves as an Additional Independent Director of HEG Limited since August 14, 201 ...
CEO Compensation Analysis
Compensation vs Market: Jayant's total compensation ($USD973.45K) is above average for companies of similar size in the Indian market ($USD317.82K).
Compensation vs Earnings: Jayant's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Founder||no data||₹73.03m||56.12% |
|Independent Director||17.42yrs||₹555.00k||no data|
|Independent Director||14.83yrs||₹590.00k||no data|
|Chairman of the Board||no data||₹350.00k||1.39% |
|Additional Non- Executive Independent Director||0.75yr||no data||no data|
|Independent Director||27.5yrs||₹335.00k||no data|
|Additional Non-Executive Independent Director||1yr||no data||no data|
|Non-Executive Non Independent Director||33.58yrs||₹400.00k||4.36% |
|Independent Director||19.58yrs||₹695.00k||no data|
|Independent Director||4.25yrs||₹555.00k||no data|
|Additional Non-Executive Independent Director||1.75yrs||₹385.00k||no data|
Experienced Board: 541163's board of directors are seasoned and experienced ( 14.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sandhar Technologies Limited's company bio, employee growth, exchange listings and data sources
- Name: Sandhar Technologies Limited
- Ticker: 541163
- Exchange: BSE
- Founded: 1987
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: ₹12.559b
- Shares outstanding: 60.19m
- Website: https://www.sandhargroup.com
- Sandhar Technologies Limited
- Plot No. 13
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SANDHAR||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Apr 2018|
|541163||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Apr 2018|
Sandhar Technologies Limited, together with its subsidiaries, designs, manufactures, assembles, and sells automotive components in India and Europe. It offers locking systems, hinges and latches, and door ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/09 12:42|
|End of Day Share Price||2020/08/07 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.